(KMT) Kennametal - Ratings and Ratios
Cutting Tools, Carbide Products, Mining Tools, Wear Components, Ceramic
Dividends
| Dividend Yield | 2.75% |
| Yield on Cost 5y | 2.47% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 91.4% |
| Payout Ratio | 57.1% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 32.6% |
| Value at Risk 5%th | 48.5% |
| Relative Tail Risk | -9.58% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.35 |
| Alpha | -3.46 |
| CAGR/Max DD | 0.19 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.518 |
| Beta | 0.964 |
| Beta Downside | 0.985 |
| Drawdowns 3y | |
|---|---|
| Max DD | 42.94% |
| Mean DD | 17.42% |
| Median DD | 16.86% |
Description: KMT Kennametal November 12, 2025
Kennametal Inc. (NYSE: KMT) is a U.S.–based manufacturer of tungsten carbide, ceramic, and other hard-material solutions, operating globally since its 1938 founding in Pittsburgh, Pennsylvania.
The business is split into two segments. The Metal Cutting unit supplies milling, hole-making, turning, threading and tool-making systems for aerospace (airframes, engines), automotive, shipbuilding and industrial equipment under the Kennametal, WIDIA, WIDIA Hanita and WIDIA GTD brands, reaching customers through a direct sales force, independent and national distributors, integrated supplier channels and digital platforms. The Infrastructure segment produces engineered carbide and ceramic components, earth-cutting tools, metallurgical powders, and specialty wear parts for oil & gas, petrochemical, mining, construction, aerospace-defense and packaging applications.
In FY 2023 Kennametal reported revenue of roughly $2.4 billion and an adjusted operating margin near 10 %, with free cash flow of $250 million and a ROIC of ~8 %. Key economic drivers include the post-pandemic rebound in aircraft production (a leading indicator for metal-cutting demand), volatile oil-price cycles that affect infrastructure tooling spend, and global cap-ex trends in mining and renewable-energy projects that boost demand for high-performance wear components. The 2022 acquisition of WIDIA expanded its product breadth and cross-sell opportunities, but also increased exposure to cyclical aerospace and oil-field markets.
For a deeper, data-driven assessment of KMT’s valuation dynamics and scenario analysis, you may find the research hub on ValueRay worth exploring.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (94.3m TTM) > 0 and > 6% of Revenue (6% = 119.0m TTM) |
| FCFTA 0.04 (>2.0%) and ΔFCFTA -4.11pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 32.07% (prev 29.73%; Δ 2.33pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.07 (>3.0%) and CFO 180.1m > Net Income 94.3m (YES >=105%, WARN >=100%) |
| Net Debt (538.1m) to EBITDA (296.9m) ratio: 1.81 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.60 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (76.8m) change vs 12m ago -2.32% (target <= -2.0% for YES) |
| Gross Margin 30.42% (prev 30.21%; Δ 0.21pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 78.67% (prev 80.75%; Δ -2.07pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 6.47 (EBITDA TTM 296.9m / Interest Expense TTM 24.5m) >= 6 (WARN >= 3) |
Altman Z'' 4.45
| (A) 0.25 = (Total Current Assets 1.03b - Total Current Liabilities 397.0m) / Total Assets 2.52b |
| (B) 0.48 = Retained Earnings (Balance) 1.21b / Total Assets 2.52b |
| (C) 0.06 = EBIT TTM 158.9m / Avg Total Assets 2.52b |
| (D) 0.77 = Book Value of Equity 918.5m / Total Liabilities 1.19b |
| Total Rating: 4.45 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 52.67
| 1. Piotroski 5.50pt |
| 2. FCF Yield 3.49% |
| 3. FCF Margin 4.68% |
| 4. Debt/Equity 0.50 |
| 5. Debt/Ebitda 1.81 |
| 6. ROIC - WACC (= -1.22)% |
| 7. RoE 7.51% |
| 8. Rev. Trend -17.17% |
| 9. EPS Trend -26.02% |
What is the price of KMT shares?
Over the past week, the price has changed by +4.34%, over one month by +7.54%, over three months by +40.02% and over the past year by +11.21%.
Is KMT a buy, sell or hold?
- Strong Buy: 0
- Buy: 0
- Hold: 5
- Sell: 3
- Strong Sell: 1
What are the forecasts/targets for the KMT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 25.3 | -13.3% |
| Analysts Target Price | 25.3 | -13.3% |
| ValueRay Target Price | 31.9 | 9.4% |
KMT Fundamental Data Overview December 09, 2025
P/E Trailing = 23.2083
P/E Forward = 21.3675
P/S = 1.0707
P/B = 1.6489
P/EG = 0.56
Beta = 1.479
Revenue TTM = 1.98b USD
EBIT TTM = 158.9m USD
EBITDA TTM = 296.9m USD
Long Term Debt = 597.0m USD (from longTermDebt, last quarter)
Short Term Debt = 13.6m USD (from shortTermDebt, last quarter)
Debt = 641.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 538.1m USD (from netDebt column, last quarter)
Enterprise Value = 2.66b USD (2.12b + Debt 641.6m - CCE 103.5m)
Interest Coverage Ratio = 6.47 (Ebit TTM 158.9m / Interest Expense TTM 24.5m)
FCF Yield = 3.49% (FCF TTM 92.9m / Enterprise Value 2.66b)
FCF Margin = 4.68% (FCF TTM 92.9m / Revenue TTM 1.98b)
Net Margin = 4.76% (Net Income TTM 94.3m / Revenue TTM 1.98b)
Gross Margin = 30.42% ((Revenue TTM 1.98b - Cost of Revenue TTM 1.38b) / Revenue TTM)
Gross Margin QoQ = 31.36% (prev 28.21%)
Tobins Q-Ratio = 1.06 (Enterprise Value 2.66b / Total Assets 2.52b)
Interest Expense / Debt = 0.92% (Interest Expense 5.93m / Debt 641.6m)
Taxrate = 26.90% (9.06m / 33.7m)
NOPAT = 116.1m (EBIT 158.9m * (1 - 26.90%))
Current Ratio = 2.60 (Total Current Assets 1.03b / Total Current Liabilities 397.0m)
Debt / Equity = 0.50 (Debt 641.6m / totalStockholderEquity, last quarter 1.28b)
Debt / EBITDA = 1.81 (Net Debt 538.1m / EBITDA 296.9m)
Debt / FCF = 5.79 (Net Debt 538.1m / FCF TTM 92.9m)
Total Stockholder Equity = 1.26b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.74% (Net Income 94.3m / Total Assets 2.52b)
RoE = 7.51% (Net Income TTM 94.3m / Total Stockholder Equity 1.26b)
RoCE = 8.57% (EBIT 158.9m / Capital Employed (Equity 1.26b + L.T.Debt 597.0m))
RoIC = 6.28% (NOPAT 116.1m / Invested Capital 1.85b)
WACC = 7.51% (E(2.12b)/V(2.76b) * Re(9.57%) + D(641.6m)/V(2.76b) * Rd(0.92%) * (1-Tc(0.27)))
Discount Rate = 9.57% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.07%
[DCF Debug] Terminal Value 73.36% ; FCFE base≈134.4m ; Y1≈138.0m ; Y5≈154.5m
Fair Price DCF = 27.49 (DCF Value 2.09b / Shares Outstanding 76.0m; 5y FCF grow 2.65% → 3.0% )
EPS Correlation: -26.02 | EPS CAGR: -0.77% | SUE: 1.20 | # QB: 1
Revenue Correlation: -17.17 | Revenue CAGR: 0.61% | SUE: 3.00 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.46 | Chg30d=+0.141 | Revisions Net=+7 | Analysts=8
EPS current Year (2026-06-30): EPS=1.46 | Chg30d=+0.378 | Revisions Net=+7 | Growth EPS=+9.2% | Growth Revenue=+6.5%
EPS next Year (2027-06-30): EPS=1.68 | Chg30d=+0.329 | Revisions Net=+8 | Growth EPS=+15.0% | Growth Revenue=+4.0%
Additional Sources for KMT Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle